"Of course I feel conflicted," Campos
told Business
Insider. "I should emphasize that when I started as a
law professor [in 1990] it cost literally $3,000 to go to law
school."

My, how things have changed.

Tuition at University of Colorado where Campos teaches has
climbed to $32,000 a year. Costs have risen even higher at elite
universities, while the job outlook for most law school grads
remains bleak.

Campos – whose book "Don't Go To
Law School (Unless)" comes out this week – says tuition has
climbed so much because the government issues massive, unsecured
loans to practically anybody who gets in.

At least during the mortgage crisis, borrowers who had taken out
huge loans had houses that had inherent value, Campos says. Not
so for unemployed law grads, who can't even get rid of student
debt in bankruptcy.

"We're creating this indentured class of
people," he said.

As a law professor, Campos doesn't think it's his job to sell
students on law school and will give them his honest opinion when
asked about whether they should drop out.

If students find themselves in the middle of the class and don't
have much scholarship money, they should consider dropping out
before they take out more loans, Campos said.

"The amount of debt that you're likely to incur given
what your job prospects might beadds
up to an equation that doesn't make sense," he
said.